Successful development of a Covid-19 vaccine has the potential to boost capital marketsSCB Securities predicts volatility for the stock market in the second half of the year. The second half of 2020 will likely mark a yearly low for the performance of all asset management companies. MAKE OR BREAKThe successful development of a Covid-19 vaccine should lead to a broad-based rally in Thai stocks, KS said. In the second half, the market expects NPLs in the banking sector to increase, benefiting distressed-asset management firms like BAM and CHAYO. Nutthawat WicheanbutRISKY BUSINESSSCB Securities (SCBS) said the market in the second half remains volatile.

Source: Bangkok Post July 20, 2020 00:11 UTC